economy

IMF Forecast: Experts say more oil export ‘ll accelerate economic growth

Lecturer of Economics, Pan-Atlantic University, Prof. Bright Eregha, has advised the Federal Government to increase its crude oil export and harness the agricultural prospects to facilitate growth beyond the International Monitory…

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EFCC arraigns Onitsha Market leader for N6.7m fraud

The Enugu Zonal Command of the Economic and Financial Crimes Commission, EFCC has arraigned the Chairman, Onitsha/Odekpe Plastic Market Association,  Obinna Calistus Okoli before Justice Nnamdi Dimgba of the Federal…

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Private sector remains engine of economic growth, says ACCI boss

The Abuja Chamber of Commerce and Industry (ACCI) says the private sector, not the government, is the engine of economic opportunities. The ACCI President, Mr Emeka Obegolu, said this during…

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EFCC arrests three for selling new, old Naira notes

…….in Kaduna Operatives of the Kaduna State Zonal Command of the Economic and Financial Crimes Commission, (EFCC), have arrested three persons in connection with suspected currency racketeering. The suspects: Musa Gideon,…

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FG inaugurates NIMASA Service Charter

The Federal Government has inaugurated the Nigerian Maritime Administration and Safety Agency (NIMASA) Service Charter and Grievance Redress Mechanism. At the inauguration ceremony in Abuja, the Minister of Maritime and…

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Jos DISCO creates 4 new regional offices, promotes staff

The Jos Electricity Distribution Plc (JED), has created four new regional offices to boost quality service delivery and productivity. Dr Adakole Elijah, Head, Corporate Communications of the company, disclosed this…

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Electricity consumers increase to 11.71m in Q3 2023, says NBS

The number of electricity consumers rose by 240,000 from 11.47 million in the second quarter of 2023 to 11.71 million in the third quarter of 2023. The National Bureau of…

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Photos: Lagos Gov at Lekki Sea Port for first LNG-powered vessel

The LNG-powered CMA CGM SCANDOLA, a 14,812 TEUs container vessel, has made history by berthing at the Lekki Deep Sea Port—the most modern and deepest seaport in Nigeria. The CMA…

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Photos: Ondo Gov receives President’s Aide on Entrepreneurship Arogundade  

………In Abuja L-R: Senior Special Assistant to the President on Technical, Vocational and Entrepreneurship Education, Madam Abiola Arogundade and Governor of Ondo State, Mr Lucky Aiyedatiwa during a meeting to establish a strategic partnership on the promotion of technical, vocational and entrepreneurship education in Ondo State at the Ondo…

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CBN releases $500m to clear more verified Forex liabilities

The Central Bank of Nigeria (CBN) says it has released 500 million dollars to various sectors in its determination to address the backlog of verified foreign exchange transactions. Mrs Hakama…

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